Revisiting cross-country poverty convergence in the developing world with a special focus on Sub-Saharan Africa

被引:13
|
作者
Ouyang, Yusi [1 ]
Shimeles, Abebe [2 ]
Thorbecke, Erik [3 ]
机构
[1] Univ Tulsa, 228 Chapman Hall, Tulsa, OK 74104 USA
[2] African Dev Bank Grp, Ave Joseph Anoma,01 BP 1387, Abidjan 01, Cote Ivoire
[3] Cornell Univ, B16 Martha Van Rensselaer Hall, Ithaca, NY 14850 USA
关键词
Cross-country poverty convergence; Growth; Poverty; Less Developed Countries (LDCs); Sub-Saharan Africa (SSA); FOREIGN-AID; ECONOMIC-GROWTH; DYNAMIC-MODELS; MONTE-CARLO; PANEL-DATA; INEQUALITY; CLUBS; SPECIFICATION; COMPONENTS; EMPIRICS;
D O I
10.1016/j.worlddev.2018.12.017
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The literature on poverty convergence is sparse and much of the empirical evidence relies on Ravallion (2012) who found a lack of poverty convergence across some ninety Less Developed Countries (LDCs) during 1980-2007. This paper revisits cross-country poverty convergence using data from the same sources but an extended period of 1980-2014. We find that while poverty convergence remains absent across LDCs, it is present in Sub-Saharan Africa (SSA) during the extended period. Initial poverty canceling the effectiveness of growth in reducing poverty explains the lack of poverty convergence across LDCs; while a strong growth effect dominating the adverse effect of initial poverty on growth effectiveness explains the strong poverty convergence found in SSA. A direct adverse link between initial poverty and subsequent growth - which Ravallion (2012) recognized as the main impediment to poverty convergence during 1980-2007 - is not found in this study. 2019 Elsevier Ltd. All rights reserved.
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页码:13 / 28
页数:16
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